JP Morgan Private Bank Solutions team?

There has been a lot of talk on this forum regarding JP's Private bank and their IM team. I was curious if anyone could give a perspective on the Solutions team. In particular, what are the typical hours of the various groups and what the work environment is like.

Thanks,
Bankers

2 Comments
 
Best Response

Refer to this post: //www.wallstreetoasis.com/forums/jpmorgan-private-bank-compensation-ladde…

I think this section in particular is most relevant:

"For solution teams: These teams track market hours much more closely, because they are located strictly in NYC and are set up like a trading floor. Whereas the banking analysts sit in cubes with computers, the solutions teams sit on the floor on Bloombergs because they are trading all day long. I know a kid on the equity solutions teams who trades frequently with 2 of my best friends from college who work for the equity derivs teams in the S&T groups on the IB side at two other BB's because the solutions team trades with them to fill structured product orders from PB clients. tl;dr: the solutions team trades with the IB S&T groups on the street to fill client brokerage orders made through the integrated teams at the PB offices throughout the nation"

 

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